Angus Armstrong

Dr Angus Armstrong is a Professorial Research Fellow at the UCL Institute for Global Prosperity, University College London, directing the ESRC-funded Rebuilding Macroeconomics network that has produced 80+ papers and 100+ public events. His work reinterprets macroeconomics as a knowledge-creation system under fundamental uncertainty.

Research focuses on decision-making under uncertainty, collective intelligence, agent-based modelling, and macroeconomic policy within ecological economics, comparative systems, and experimental frameworks. He emphasizes institutions and social interactions as foundations of prosperity in complex adaptive systems.

Analysis of 2015-2019 publications reveals concentrated expertise in Brexit fiscal impacts, devolution economics, monetary policy at zero bounds, and Scottish independence. Works integrate macroeconomic modeling with political economy, addressing UK/European policy challenges through institutional and uncertainty-focused lenses.

Armstrong serves as Chief Economic Advisor to Lloyds Banking Group (2017) and leads the Rebuilding Macroeconomics network. His 'New Economics of Prosperity' teaching reimagines prosperity as emergent from socio-economic interactions rather than an end state, reflecting his view of economies as open systems defined by fundamental uncertainty.